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Entangle(NGL) External Transmitters
May 7th: External Transmitter Agents will be onboarded. Staking kicks off along with the ecosystem points system will unveil soon.
What Is External Developers & Transmitter Agents?
External Developers are data vendors that leverage a cross-chain transfer framework to facilitate the collection and submission of data by Transmitters.
Transmitters play a crucial role as the intermediary between data sources and the Entangle blockchain. Their primary objective is to establish a robust data pipeline on the Entangle blockchain. Transmitter Agents can operate their own Transmitter nodes, register to work with the protocol, stake NGL tokens, and find a delegator.
What sets us apart from other similar projects is our commitment to providing external developers with the autonomy to build their pathways for processing and transmitting cross-chain messages.
The External Developer Hub contract plays a crucial role in overseeing and configuring the operations of these external developers. It is designed to streamline the process of adding new external developers by requiring them to undergo a KYC (Know Your Customer) procedure.
Once verified, these External Developers are granted the autonomy to configure and manage their protocol operations effectively, ensuring a secure and regulated environment for data handling within the Entangle ecosystem.
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Upgrade your StorX nodes!
Inactive nodes can upgrade between Oct 15 - Oct 31, 2024
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